News & Articles
10 January 2026
Why SMP Matters Today
System Marginal Price (SMP) is increasingly relevant in Malaysia’s electricity landscape, as many newer energy programmes reference market-based electricity prices.
Several current initiatives, including the Corporate Green Power Programme (CGPP), Corporate Renewable Energy Supply Scheme (CRESS), Net Energy Metering (NEM), and Solar ATAP (Solar Accelerated Transition Action Programme), operate in a framework where certain tariffs, credits, or settlement values are linked, directly or indirectly, to SMP.
While each programme has its own rules and pricing structure, SMP serves as a common benchmark for understanding:
Reviewing historical SMP trends helps investors and stakeholders place today’s programmes in context, particularly when assessing revenue stability, cost exposure, and longer-term price risk across different energy options.
Data Source & Methodology
Disclaimer
This analysis is provided solely for general reference and educational purposes, particularly for stakeholders involved in energy planning, project evaluation, policy awareness, and investment assessment. It is not intended to constitute financial, commercial, operational, or investment advice, nor should it be relied upon for real-time operational decisions or commercial settlement purposes.
While reasonable care has been taken in extracting and processing the data, the author does not warrant the accuracy, completeness, timeliness, or correctness of the information and shall not be responsible for any errors, omissions, or discrepancies in the data or analysis. Users are advised to refer to official publications and authoritative sources for regulatory, operational, or contractual use.
Author’s Note: This article reflects the author’s personal perspective and is written to explain the subject in a practical and accessible manner. It is intended to assist non-specialists, including investors, project developers, homeowners, and other stakeholders, in gaining a clearer understanding of the topic. The content focuses on general concepts and context rather than technical or regulatory detail.
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